What is Rigado?
Rigado provides a comprehensive Edge as a Service platform designed to solve the fragmentation inherent in commercial IoT deployments. By offering a unified ecosystem that includes Edge Connect, Edge Direct, and specialized IoT gateways, the company enables enterprises to manage, monitor, and secure their wireless infrastructure at scale. Their technology is instrumental in facilitating smart retail adoption, providing real-time inventory tracking, and ensuring the health of mission-critical devices. In an era where operational efficiency is paramount, Rigado serves as the connective tissue for organizations looking to bridge the gap between physical assets and digital intelligence.
How much funding has Rigado raised?
Rigado has raised a total of $21.2M across 4 funding rounds:
Corporate Investment
$5.2M
Series A
$15M
Debt
$350K
Debt
$637K
Corporate Investment (2018): $5.2M with participation from Madrona Venture Group
Series A (2019): $15M led by Oregon Venture Fund, Madrona Venture Group, FusionX Ventures, and Rogue Ventures
Debt (2020): $350K supported by PPP
Debt (2021): $637K featuring PPP
Key Investors in Rigado
Madrona Venture Group
Founded in 1995, Madrona Venture Group is a venture capitalist investment company including consumer internet, commercial software, and services.
Oregon Venture Fund
Oregon Venture Fund is dedicated to investing in and supporting the next generation of world-class growth companies, focusing on ambitious founding teams with innovative solutions.
FusionX Ventures
FusionX Ventures is a venture capital firm based in Southern California that focuses on investing in early-stage startups within the technology, industrial, and medical/life science sectors.
What's next for Rigado?
With the recent influx of capital, Rigado is well-positioned to deepen its penetration into the industrial and commercial IoT markets. The strategic focus will likely shift toward expanding its software-defined gateway capabilities and enhancing its cloud-based management tools to support larger, more complex enterprise deployments. As the company continues to refine its Edge as a Service model, it is expected to prioritize partnerships that integrate its connectivity solutions into broader digital transformation initiatives. The current funding context suggests a move toward long-term sustainability and market leadership, as the firm leverages its established infrastructure to capture a larger share of the growing IoT connectivity market.
See full Rigado company page
